THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PATRICK, WALLINGTON
Financial health, per its FY2022 accounts
The accounts state that unrestricted funds decreased to £157,841 from £163,192 in the prior year, while total net assets increased to £3,069,770. The charity holds reserves of £157,841, which the trustees note is over £112,000 in excess of their stated base reserves target. The organization reported a small net outgoing of £5,351 for the year, mitigated by significant grant income and the completion of its major building project.
What the accounts disclose
“The PCC's policy is to hold reserves to meet fluctuations in cash flow equal to two months general (non-staff) expenditure plus three months staff costs.” — page 13
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev OLIVER OSBORNchair
- ADEYEMI OBI
- Alexandra Lorraine Stanley
- Bridget Howard
- Dr MARK JAMES WHITE
- HANNAH BLACK
- JOAN KATHRYN WIDDOWSON
- MATTHEW PHILIP MACHELL
- PHILIP TREVOR GOODCHILD
- RICHARD JAMES ELDRIDGE
- SUSAN SPRINGATE
- YEE KWAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £351k | £424k |
| 31/12/2024 | £584k | £440k |
| 31/12/2023 | £510k | £554k |
| 31/12/2022 | £703k | £432k |
| 31/12/2021 | £987k | £499k |
Common questions
Is THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PATRICK, WALLINGTON financially healthy?
The accounts state that unrestricted funds decreased to £157,841 from £163,192 in the prior year, while total net assets increased to £3,069,770. The charity holds reserves of £157,841, which the trustees note is over £112,000 in excess of their stated base reserves target. The organization reported a small net outgoing of £5,351 for the year, mitigated by significant grant income and the completion of its major building project. Its FY2022 accounts were independently examined.
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